secwatch.observer — SEC 8-K summary
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Issuer:     FingerMotion, Inc. (FNGR)
CIK:        0001602409
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001520138-24-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FingerMotion Q3 FY2024 revenue $6.14M, down 46% YoY; net loss $1.94M, EPS -$0.04
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- Revenue $6.14M, down 46% YoY; telecom products & services revenue dropped 41%.
- Net loss $1.94M (EPS -$0.04), improved from loss of $2.52M (EPS -$0.06) in Q3 2023.
- Gross margin improved to 10.4% from 7.5% despite revenue decline.
- Cash and cash equivalents $1.93M; shareholders' equity $12.64M as of Nov 30, 2023.
- CEO Martin Shen says new business segments underway to improve revenues and profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1602409/000152013824000021/0001520138-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1602409/000152013824000021/fngr-20240116_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer